Commercial Property for sale

142 Hucknall Road, Nottingham, NG5 1FA

Under Offer 600 sq. ft. | £200,000

Property Description

Commercial information

  • 600 sq ft (55 sq m)

Full description

Tenure: Freehold

LOCATION
The property occupies a prominent location on Hucknall Road, a main arterial route connecting Nottingham city centre with junction 26 of the M1, the east midlands and all routes North. The property is located just 1.5 miles from Nottingham City Centre, Hucknall Road is a busy main road with excellent transport links to the city centre.

DESCRIPTION
The property comprises a ground floor commercial unit, previously trading as a cafe. The unit is to be sold with all fixtures and fittings included. There is separately accessed residential accommodation above with 4 bedrooms.

The residential accommodation spans the first and second floor and comprises of 4 double bedrooms, 3 of which are en-suite and the 4th bedroom has it's own private bathroom accessed off the communal landing. The property has a fully fitted shared kitchen and living room to the first floor. The property benefits from GCH, double glazing and has a valid HMO licence issued by Nottingham City Council.

ACCOMMODATION
Retail Unit
Main Area: 450 sq ft
Kitchen: 150 sq ft

Residential Accommodation
Shared Kitchen: 48sq ft
Shared Lounge: 132sq ft
Bedroom 1: 87 sq ft
Bedroom 2: 107 sq ft
Bedroom 3: 148 sq ft
Bedroom 4: 140 sq ft

TERMS
The ground floor shop is currently vacant, but would expect to let in the region of £7200pa.

All residential rooms are currently let to professionals at the following rents:
Room 1 - £375pcm - periodic tenancy
Room 2 - £375pcm - periodic tenancy
Room 3 - £400pcm - fixed term contract until March 2016
Room 4 - £395pcm - fixed term contract until July 2016

The total annual rental income from the residential flat is £18,540

OUTGOINGS
We are verbally advised by the Business Rates Department of the local council that the premises are assessed as follows:

Rateable Value: £2300
Multiplier (2015/16): 0.480
Rates Payable: £1104

Interested parties are advised to confirm these figures directly with Nottingham City Council. The property may be subject to Small Business Rates Relief - further information at www.voa.gov.uk.

The residential element falls within Council Tax Band A.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction

VIEWING
For further information and to arrange access for an onsite inspection please call Hannah Owens of Rex Gooding Estate Agents on 0115 945 5553 or email hannah@rexgooding.com.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Beaconsfield St (0.7 mi)
  • Shipstone St (0.8 mi)
  • Noel St (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Beaconsfield St (0.7 mi)
  • Shipstone St (0.8 mi)
  • Noel St (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100497003845. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rex Gooding Estate Agents, West Bridgford Commercial Properties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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